Kiatnakin Phatra Bank

Kiatnakin Phatra Bank (Thai: ธนาคารเกียรตินาคินภัทร) is a full-service bank based in Thailand. The bank was founded in January 1971[1] in Bangkok with 17,000 million baht in funds, and has grown to 52 branches. It was listed on the Stock Exchange of Thailand in August 1988[1] and is included in the SET50 Index. The company headquarters is in Bangkok.[2]

Kiatnakin Phatra Bank
Native name
ธนาคารเกียรตินาคินภัทร
TypePublic
SET: KKP
IndustryBanking, Financial services
FoundedThailand (January 6, 1971 (1971-01-06))
Headquarters
Bangkok
,
Thailand
Websitekiatnakin.co.th

History

Kiatnakin was founded in 1971 as a financial services company, and grew steadily until the recession of the late-1990s forced a suspension of operations. In 2005 the bank, which at the time had 22 financial service branches, applied for and received a commercial banking license.[3]

In December 2011, Kiatnakin Bank and Phatra Capital amalgamated to form a new organization with a $1 billion valuation.[4]

Subsidiaries

Kiatnakin Securities is a subsidiary company of the bank, and in 2008 the company established a new wholly owned subsidiary, Erawan Law Office.[5]

See also

References
  1. "Company Summary: KKP KIATNAKIN BANK PUBLIC COMPANY LIMITED". The Stock Exchange of Thailand (SET). Retrieved 8 June 2016.
  2. Kiatnakin Bank, About us
  3. Kiatnakin Bank, About us, Brief History
  4. The Report: Thailand 2012. Oxford Business Group. 2011. ISBN 978-1-907065-63-7.
  5. Google finance, Kiatnakin Bank
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